February 12, 2018 / 12:54 PM / 8 months ago

BRIEF-Jiangsu Bicon Pharmaceutical to Sell Subsidiary, Unit Plans Acquisitions

Feb 12 (Reuters) - Jiangsu Bicon Pharmaceutical:

* SAYS UNIT SIGNS FRAMEWORK AGREEMENT TO BUY STAKES IN THREE PHARMACY FIRMS FOR A COMBINED 350 MILLION YUAN

* SAYS IT AGREES TO SELL TECHNOLOGY UNIT FOR ABOUT 2.6 BILLION YUAN ($411.02 million) Source text in Chinese: here; here Further company coverage: ($1 = 6.3258 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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